Jiangsu Jiangnan Water Co., Ltd. announced a private placement to issue 6,000,000 non-convertible corporate bond at an issue price of CNY 100 per bond for gross proceeds of not more than CNY 600 million on September 1, 2023. The transaction will include participation from professional institutional investors. The transaction has been approved by the Shanghai Stock Exchange.

The term of this issue of bonds is 5 years and the final coupon rate is 3.10%.